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International Business Times
International Business Times
Business
Ann Resuma

Apple Shares Decline After Berkshire Sold Half Its Stocks With iPhone Maker

Berkshire Hathaway sold approximately half of its shares in Apple, triggering a Monday selloff that saw its stock drop nearly 5% in U.S. markets.

Bloomberg reported that some of the suppliers of Apple, particularly those located mostly in Asia, saw their shares fall significantly subsequent to Berkshire's sale of its shares.

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